1.a16z: Why We Invested in Yupp

Modern artificial intelligence systems not only rely on computing power and algorithms, but also on human feedback. Companies use training optimization techniques such as Reinforcement Learning from Human Feedback (RLHF) and Direct Preference Optimization (DPO) to improve their models after training. These techniques can reduce bias and enable the model to respond to prompts more qualitatively and coherently—this is crucial for accelerating AI development. Model evaluation is equally critical, but only by first defining what constitutes “better” can model optimization be achieved.

2. Binance Alpha Score Boosting Tool ZKJ, KOGE Flash Crash – Hunting Under Mechanism Vulnerabilities

Because these two tokens have extremely high LP annual returns and very low slippage loss experience, they have become the preferred tokens for earning Binance Alpha points. However, precisely because they are tools for point accumulation, their prices do not reflect market value, which has laid hidden dangers for a flash crash. At the same time, the project party has deliberately constructed a distorted path of insufficient unilateral liquidity for KOGE, requiring conversion through ZKJ for exit, which makes KOGE’s liquidity highly dependent on ZKJ. When market fluctuations occur, this structure is prone to trigger a chain reaction of cascading sell-offs.

3. Military Parade or Birthday Party? Who are the tycoons sponsoring the American military parade?

On June 14, 2025, U.S. President Donald Trump held a military parade marking the 250th anniversary of the founding of the U.S. military, which coincidentally also coincided with Trump’s 79th birthday. The parade was Washington’s largest in decades, with dozens of tanks and combat vehicles driving through the streets of Washington and nearly 7,000 soldiers participating. The parade even featured a Trump’s birthday celebration, with a 21-gun salute fired and the crowd chanting “Happy Birthday to You” when Trump arrived at the scene. Click here to read

4. Strategic Intent and Policy Implications of the U.S. Stablecoin Bill

The new U.S. government’s cryptocurrency policy framework has returned to the mainline of “supporting innovative development.” Recently, the U.S. Senate passed the “Stablecoin GENIUS Act,” which reflects five significant characteristics and clearly indicates the U.S. strategic intention to lead the global stablecoin market development: aiming for both a dominant U.S. dollar stablecoin and a dominant U.S. issuer. Click to read.

5. Will the Fed’s Tightening Signal the Doom or Rebirth of Altcoins?

The price of Bitcoin has been fluctuating repeatedly in the range of $100,000 to $110,000, with implied volatility approaching a one-year low, while actual volatility has reached a historic low. The market is like a stagnant pond, with ETF capital inflows slowing down and futures open interest continuing to decline, leaving investor sentiment in a “lying flat” mode. Some traders even jokingly remarked: “Buying options now is like betting on the weather forecast; the hopes for July have been forcibly pushed back to September.” Click to read.